The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget ...

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

In many high-income democracies, the explosion of public borrowing over the past two decades has made it clear enough that a budgetary course correction is required, especially when analysis is ...

Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

Deficits as share of the total economy would then narrow through 2027 as tax collections would increase faster than outlays, ...

The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...

House Budget Committee Chairman Jodey Arrington (R-TX) set his sights on means-tested anti-poverty and welfare programs.